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18/07/2019 14:00
EFC meeting assesses CEV’s financial health
News from the CEV

Luxembourg, July 18, 2019. On Wednesday, CEV Vice President and Treasurer Özkan Mutlugil presided over the annual plenary meeting of the European Financial Commission (EFC) held at the ‘home of European Volleyball’ in Luxembourg.

The EFC President and members reviewed the 2018 accounts as well as the reports prepared by internal and external auditors – whose content Mr Mutlugil will be sharing with all National Federations at the next CEV General Assembly due to take place in late September in Paris, France.

The review of the 2019 and 2020 budgets as well as some work on the financial figures expected for the subsequent years was part of the agenda too, as the EFC assessed the financial health of the European Volleyball Confederation.

Mr Mutlugil and his colleagues – EFC Secretary Jaap Boom (NED) and members Tomasz Karasinski (POL) and Karl Hanzl (AUT) – praised the work done by the Finance Department as well as the strength of the CEV’s current financial position.  


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